The Lincoln Electric System is proposing to increase electric rates for each of it classes of customers. The rate increases would be based on the cost of serving those classes. When averaged out, the increase would amount to 3% which it generate an estimated $7.5 million. This would cause a significant impact on the city’s large power contract users.
Rembolt’s Ostergard Kruse is representing the Lincoln Employers Coalition, a group that includes 25 of Lincoln’s largest electric users who aren’t happy about the increase, but not opposing it either.